Solve the Problem. -A Firm Is Considering a New Product. the Accounting Department

Multiple Choice

Solve the problem.
-A firm is considering a new product. The accounting department estimates that the total cost, C(x) , of producing x units will be C(x) = 50x + 9010. The sales department estimates that the revenue, R(x) , from selling x units will be R(x) = 60x, but that no more than 488 units can be sold at that price. Find and interpret (R -C) (488) .

A) -$4130 loss, cost exceeds income
B) $1389 profit, income exceeds cost It's not worth it to develop product. It is worth it to develop product.
C) $62,690 profit, income exceeds cost
D) $4130 profit, income exceeds cost It is worth it to develop product. It is worth it to develop product.